Falcon Group to assist with Vietnam’s trade promotion
The London-based Falcon Financial Group has pledged to assist with promoting trade activities between the Middle East and Vietnam via the provision of financial services for Vietnamese enterprises.
Import, export activities at the Cat Lai port, in Ho Chi Minh City (Source: VNA)
The London-based Falcon Financial Group has pledged to assist with promoting trade activities between the Middle East and Vietnam via the provision of financial services and solutions for Vietnamese enterprises.
An agreement to this effect was inked between the Vietnamese Embassy in the United Arab Emirates (UAE) and the group in Dubai on September 6.
The two sides have designed an action plan for the agreement’s implementation in October, including strengthening connections and exchanges between the group and relevant Vietnamese agencies, associations and enterprises.
The Vietnamese Embassy will also facilitate access to the domestic market for the Falcon Group, among other trade promotion activities.
During the signing ceremony, Vietnamese Ambassador to the UAE Pham Binh Dam highlighted the UAE as a strategic market in the Middle East, saying it is a gateway for Vietnamese products to enter various markets.
The UAE is the fifth largest export market of Vietnam, Dam said, underlining the huge import potential between the two countries.
Vietnam has continuously sought to promote bilateral trade ties with the UAE, the Vietnamese diplomat said, hailing the experience of Falcon Group after many years operating in the Middle East region.
General Director of the Falcon Group Will Nagle expressed his pleasure to sign the agreement with the Vietnamese diplomatic agency, saying that Vietnam is a market with huge potential, and Falcon’s financial solutions would help foster trade ties between Vietnam and the rest of the world.
The Falcon Financial Group, with its headquarters in London, the UK, is a major group providing financial services for import and export activities around the world.
Over the past four years, it has provided financial assistance worth up to 12 billion USD to enterprises in the Middle East, Asia, Europe, Australia and New Zealand.-VNA
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
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According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
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The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
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Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
Import, export activities at the Cat Lai port, in Ho Chi Minh City (Source: VNA)
